Well we didn't hit 2pps...from Dec!10 Jan 2020 16:51
Anyway the ASX was shifted up, not much but a shift at least , 2.3 would have been nice but trickle selling must be holding it back? The bush fires could have some effect on the market.
The price to book on the ASX is better than 2 so that tells you about how undervalued that is there.
here its 1.3 or 4 which puts it at firmly 1.82pps area.
The book says 1.82pps! Its been underpriced!! It has been 2 years! I am not sure what to say....The train about to depart....
It should have always been 2pps. Get in and get ahead of the curve.
This 1.4pps stall along and the stall at 1.8 and 2.4 pps when it catches its breath....will be when the Oil Fever takes beyond book. At that point it its a waiting game. The train is about to depart. 2.4pps+ is all we can be pretty sure of, at the minute it feels like the ASX is the figure pulling a rubber band.....at some point its brakes off and away!!!!
Personally dont sell till May don't be shaken out of a good position by any joker or silly comments.
And remember there are holders with a high average. Under 2pps is "cheap".